alleryStart learning →Closing stock cost Rs 50,000 but its net realisable value is Rs 42,000. It is shown at
ARs 50,000
BRs 46,000
CRs 8,000
DRs 42,000
Answer & Solution
Correct answer: D. Rs 42,000
Inventory is written down to net realisable value when that is below cost, so Rs 42,000 is used.
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